New Portfolio Company Pointivo Raises Series A Funding of $7 Million Led by BIP Capital

We’re honored to announce the newest addition to our portfolio, Pointivo, a software company that uses artificial intelligence and computer vision to provide automated analytics for drone and manned aerial platforms. Pointivo announced today that it has raised a Series A funding round of $7 million led by BIP Capital. Pointivo’s 3D Intelligence Platform is the only solution that automates the heavily manual processes around inspecting and assessing physical assets in the insurance, roofing, solar, telecom and energy industries.

Pointivo’s patented 3D Intelligence Platform processes imagery from drones, manned aerial and mobile cameras and automatically extracts critical information about structures in a scene, resulting in significant cost savings. The company provides API access to its cloud-based platform, enabling its partners to offer valuable services to their customers. Pointivo has partnered with the top drone platform companies and manned aerial imagery providers to enable their customers to solve real business problems without human intervention.

“We’re excited to partner with Pointivo as artificial intelligence and computer vision continue to become significant business process drivers,” said Dan Drechsel, senior vice president at BIP Capital. “Pointivo’s significant investment in hard-to-replicate, patented technology enables its partners to deploy highly compelling use cases. The company’s partners have already deployed the solution to improve the servicing of assets in insurance, roofing, solar, energy and telecom.”

In recent years, Pointivo has been named “Best in Show” in the Technology Association of Georgia’s Top 10 Innovative Technology Companies and was also picked by Venture Atlanta as a top five Startup to Watch.

Read the full press release HERE.

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